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When a business has a good team of employees the sky is the limit. The converse is equally valid. As an employer, I always look for the best people for our team. I believe when having good people around me, I can’t help but be my best as well. Keeping good staff is something a [...]

Outsourcing is no longer unusual or misunderstood, it has become a valued service. Particularly when it is not viable to have a resource in-house or it makes more sense to have an external resource. Today there are many services which are handled externally by a consultant, contractor or freelancer, for instance, the virtual assistant or [...]

For thousands of years sellers or traders have had the upper hand in the sales game. But the shoe is now on the other foot. Technology and social media have caused this major turnaround. According to Jim Blasingame, an expert on small business and entrepreneurship, in the age of the seller there were three primary [...]

There are times in the life of a business that incurring debt is a necessary event. It could be necessary to fund growth, cover a temporary shortfall or buy new equipment which are all valid reasons and positive for the business if managed correctly. The key is to understand your finances, the reason for the [...]

Does your company have a mission and/or vision statement? Did you pay someone to define it for you or did you have a long company meeting to thrash out what it should be? Is the statement relevant today? Is it at all relevant today, to even have a statement? There was a time not so [...]

Your financial support will of course depend entirely on the size of your business and the level of financial activity which occurs. At the small end of the business scale, such as a sole trader, doing your own bookkeeping can be feasible but a visit to an accountant twice a year is a smart business [...]

Even the most successful business will still do marketing. For a business starting up, building momentum or wanting to expand, marketing is a mission critical activity. When starting up or early in the life of the business, funds for marketing can be low, even non-existent so what is the best way to spend your marketing [...]

Having a poor or hopefully not, a non-existent cash flow could be due to any number of reasons or maybe a number of reasons. In order to fix your cash flow problem, you need to know why it is happening. Suspects to Clients Not having enough suspects, to turn into prospects which can become real [...]

In August 2015 the Commonwealth Government announced the establishment of the Australian Small Business and Family Enterprise Ombudsman. The Ombudsman, as described in the legislation, will “advocate for, and give assistance to, small business and family enterprises and provides: for staffing matters; for other governance requirements; for disclosure of protected information; for review of certain [...]

You have made a pass at the bank and they haven’t found you, or your company, attractive. What do you do now? You could go to Thailand for a nose job or liposuction, join a gym and work on weight loss and gain a six pack but that also needs money and that’s why you [...]